Albuquerque Home Sales Report

Albuquerque Home Sales Report for May 2014:

• The median sale price of single-family homes selling
  in May 2014 was $180,000.
• May 2014 was the highest month for listing inventory
  since Oct. 2011, with 4,682 detached homes
  on the market.

Active Home Listings increased 13.86% while Pending Sales decreased by 5.41% and Closed Sales declined by 11.74%! The Average Sales Price went up 5.53% and the Median Sales Price also went up, by 2.92% compared to the same month last year.

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